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to medicare and other programs. not enough, says the speaker. >> if we gave the president 1.6 trillion of more money, what do you think he is going to do with it? he is going to spend it. that is what washington does. >> they have to come to us and tell us what they need. what we can't do is to keep guessing. >> so the ball is in their court? >> absolutely. and they understand that. >> reporter: the good news, it appears the mortgage reduction is not part of the talks. so if they don't make a deal and if we do go over the fiscal cliff what does it mean for you. nearly everybody american will pay more taxes, between 2,000 and $2,400 per family. we enjoyed a 2% cut in payroll taxes. that will disappear. and the government will start cutting, $500 billion in spending, half at the pentagon and the other half from federal spending for education, transportation and food safety and research. all of that could send all of us back into recession. where do the talks stand? boehner says they are nowhere. and the speaker has a
to medicare and other programs. not enough, says the speaker. >> if we gave the president 1.6 trillion of more money, what do you think he is going to do with it? he is going to spend it. that is what washington does. >> they have to come to us and tell us what they need. what we can't do is to keep guessing. >> so the ball is in their court? >> absolutely. and they understand that. >> reporter: the good news, it appears the mortgage reduction is not part of the...
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remember, all medicare supplement insurance plans help cover what medicare doesn't pay. and could save you thousands a year in out-of-pocket costs. call now to request your free decision guide. and learn more about the kinds of plans that will be here for you now -- and down the road. i have a lifetime of experience. so i know how important that is. martha: we are back and arizona police launching a desperate search right now for a little girl that suffers from lukemia. they're worried that a plastic tube in the girl's heart could become infected if it is not tended to, and she could in some situation about this goes on too long she could die from this. large concerns. jamie colby joins us in new york city. so what is going on here, jamie? >> reporter: there are large concerns and it is pretty serious why we're talking about it again. martha, it has been already five days and there is no sign of this 11-year-old cancer patient known only as emily but authorities haven't given up hope. they have actually expanded their search and making clear that time is not on their sid
remember, all medicare supplement insurance plans help cover what medicare doesn't pay. and could save you thousands a year in out-of-pocket costs. call now to request your free decision guide. and learn more about the kinds of plans that will be here for you now -- and down the road. i have a lifetime of experience. so i know how important that is. martha: we are back and arizona police launching a desperate search right now for a little girl that suffers from lukemia. they're worried that a...
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remember, all medicare supplement insurance plans help cover what medicare doesn't pay. and could save you thousands a year in out-of-pocket costs. call now to request your free decision guide. and learn more about the kinds of plans that will be here for you now -- and down the road. i have a lifetime of experience. so i know how important that is. >>> welcome back. there is new speculation that hillary clinton will run for president in 2016. fueling the newest speculation you might ask? here appearance at the annual conference on middle east policy that took place in washington friday night. more than 10 minute video tribute. secretary clinton was praised by political rivals from senator onmccain and the president and by other world leaders. >> someone who knows a thing or two about political comebacks, i don't think we've heard the last of hillary clinton. ♪ girl you're amazing just the way you are ♪ >> i just have an instinct that the best is yet to come. >> i prepared some remarks for tonight, but then i thought maybe we could just watch that video a few more ti
remember, all medicare supplement insurance plans help cover what medicare doesn't pay. and could save you thousands a year in out-of-pocket costs. call now to request your free decision guide. and learn more about the kinds of plans that will be here for you now -- and down the road. i have a lifetime of experience. so i know how important that is. >>> welcome back. there is new speculation that hillary clinton will run for president in 2016. fueling the newest speculation you might...
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like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. call today to request a free decision guide to help you better understand medicare and which aarp medicare supplement plan works best for you. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of plans to choose from, too. and they all travel with you. anywhere in the country. join the millions who have already enrolled in the only medicare supplement plans endorsed by aarp, an organization serving the needs of people 50 and over for generations... and provided by unitedhealthcare insurance company, which has over 30 years of experience behind it. call today. remember, all medicare supplement plans help cover some of what medicare doesn't pay -- expenses that could really add up. these kinds of plans could save you in out-of-pocket medical costs. you'll be able to choose any doctor w
like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. call today to request a free decision guide to help you better understand medicare and which aarp medicare supplement plan works best for you. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of...
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call unitedhealthcare to learn about medicare plans that may be right for you. call now. ♪ plays a key role throughout our lives. one a day women's 50+ is a complete multivitamin designed for women's health concerns as we age. it has 7 antioxidants to support cell health. one a day 50+. >>shepard: the government of israel gave crews the okay to build thousands of controversial new homes. it is not the first time. more trouble in the decades long fight between israel and the palestinians. that is because the housing units are planned for territories including the west bank and east jerusalem. republican, last week, the united nations gave the palestinians a symbolic victory and more, really, than symbolism , of being nonmember state and the next day israeli officials revealed they moved forward with the new settlement construction. now, european nations including britain, spain, france, sweden, denmark, have all "summoned israeli ambassadors" to their capital cities in protest. officials say it is unlikely they will go through the more formal process of recalli
call unitedhealthcare to learn about medicare plans that may be right for you. call now. ♪ plays a key role throughout our lives. one a day women's 50+ is a complete multivitamin designed for women's health concerns as we age. it has 7 antioxidants to support cell health. one a day 50+. >>shepard: the government of israel gave crews the okay to build thousands of controversial new homes. it is not the first time. more trouble in the decades long fight between israel and the...
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and which aarp medicare supplement plan might work best for you. there's a range to choose from, depending on your needs and your budget. and they all travel with you -- anywhere in the country. best of all, you'll be joining the millions who have already enrolled in the only medicare supplement insurance plans endorsed by aarp, an organization serving the needs of people 50 and over for generations. ♪ remember, all medicare supplement insurance plans help cover some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. you'll be able to choose any doctor or hospital that accepts medicare patients. and you never need referrals. so call now to request a free decision guide and learn more. after all, when you're going the distance, it's nice to have the experience and commitment to go along with you. keep dreaming. keep doing. go long. >>> after being lured to a sleepover by a new friend at school and her fake father, shauna endured three days of being drugged, raped and tortured and according to rescuers -- >> shauna had
and which aarp medicare supplement plan might work best for you. there's a range to choose from, depending on your needs and your budget. and they all travel with you -- anywhere in the country. best of all, you'll be joining the millions who have already enrolled in the only medicare supplement insurance plans endorsed by aarp, an organization serving the needs of people 50 and over for generations. ♪ remember, all medicare supplement insurance plans help cover some of what medicare doesn't...
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like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and could save you in out-of-pocket medical costs every year. call today to request a free decision guide. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. if you're thinking about your options, call today. when you call, request your free decision guide. and find the aarp medicare supplement plan that may be right for you. with odor free aspercreme. powerful medicine relieves pain fast, with no odor. so all you notice is relief. aspercreme. >>> all right. this is the kind of breaking news we love to bring to you. everybody knows you never ask a woman unless she's pregnant and look at when's below the screen there. it's official. kate middleton is pregnant. so the duchess of cambridge has put out the announcement. the palace put out the announcement saying that we're not going to tell you what the due date is but they're telling us that she's been
like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and could save you in out-of-pocket medical costs every year. call today to request a free decision guide. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. if you're thinking about your options, call today. when you call, request your free decision guide. and...
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some costs original medicare won't. now they can keep making memories for years to come. choose from plans offering protection from high out of pocket costs plus include prescription drug coverage with your monthly premium. get the freedom to keep the doctors you already trust. if you're eligible for medicare we'll help you find a plan that fits your needs. call or go online now to get answers. you only have until december 7th to enroll. >> back when we were kids and we would put playing cards in the spokes of your wheels to make that cool noise. this is ten notches fácooler. let me introduce you. >> this is the monty python of the holy grail. >> it's awesome. looks like one on thenb front te to make it sound like you are riding afá horse through the ci. this is an actual product. it is for purchase. you can buy the whole rig to put on your they also sell coconuts to go with your purchase as ño'well. >> you have to put it together? >> no way am i ordering this and spending time putting this sucker together when i can
some costs original medicare won't. now they can keep making memories for years to come. choose from plans offering protection from high out of pocket costs plus include prescription drug coverage with your monthly premium. get the freedom to keep the doctors you already trust. if you're eligible for medicare we'll help you find a plan that fits your needs. call or go online now to get answers. you only have until december 7th to enroll. >> back when we were kids and we would put playing...
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if you're medicare eligible, call now... and talk to unitedhealthcare about our plans, like aarp medicarecomplete. let's get you on the right path. call today. ♪ jenna: right now investigators say they are trying to figure out what prompted jovan belcher to murder his girlfriend before taking his own life. police say that jovan belcher shot and killed his girlfriend, kasandra perkins, on sunday morning before heading to the chiefs stadium where he killed himself in front of his head coach and others. the chiefs have any moment of silence before their game yesterday to remember all the victims of domestic violence. not specifically naming jovan belcher, but certainly a lot of questions. steve brown has more in chicago with this. we heard a little bit of the 911 call before the break. how do those final moments play out at arrowhead stadium earlier on saturday morning? reporter: yes, let's put that into context. kasandra perkins was shot numerous times and fatally wounded by the father of their child. that is jovan belcher,
if you're medicare eligible, call now... and talk to unitedhealthcare about our plans, like aarp medicarecomplete. let's get you on the right path. call today. ♪ jenna: right now investigators say they are trying to figure out what prompted jovan belcher to murder his girlfriend before taking his own life. police say that jovan belcher shot and killed his girlfriend, kasandra perkins, on sunday morning before heading to the chiefs stadium where he killed himself in front of his head coach and...
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some costs original medicare won't. now they can keep making memories for years to come. choose from plans offering protection from high out of pocket costs plus include prescription drug coverage with your monthly premium. get the freedom to keep the doctors you already trust. if you're eligible for medicare we'll help you find a plan that fits your needs. call or go online now to get answers. you only have until december 7th to enroll. >>> nasa says analysis of soil samples geared by curiosity indicate there may be organic compounds on the planet this morning nasa said curiosity's discovery of chemical diversity in the soil what the agency called a solid baseline for continued exploration. the two and a half build curiosity landed on mars in august the mission is to determine whether mars has ever been able to support microbial life. ancient stream bed where water may have flowed thousands of years ago. >>> word of warning on what may be found in tap water. researchers at american college of allergy, asthma and i amol
some costs original medicare won't. now they can keep making memories for years to come. choose from plans offering protection from high out of pocket costs plus include prescription drug coverage with your monthly premium. get the freedom to keep the doctors you already trust. if you're eligible for medicare we'll help you find a plan that fits your needs. call or go online now to get answers. you only have until december 7th to enroll. >>> nasa says analysis of soil samples geared by...
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the math doesn't add up without cuts to social security and medicare. >> i think you're right. there needs to be this balanced approach and everything should be on the table. i do agree with you there. >> not tax increases that hurt the economy. that's my only point. you thought we had an agreement there, didn't you? >> i did. we were close. stephen moore, thank you so much for joining us this morning. >> my pleasure. take care. >>> of the many unanswered questions about the jovan belcher murder/suicide tragedy, our talk back question today, should the perkins/belcher tragedy cause us to rethink gun control? is bob costas right? facebook.com/carolcnn. i'll be right back. there's a health company that can help you stay that way. what's healthier than that? and the candidate's speech is in pieces all over the district. the writer's desktop and the coordinator's phone are working on a joke with local color. the secure cloud just received a revised intro from the strategist's tablet. and while i make my way into the venue, the candidate will be rehearsing off of his phone. [ candid
the math doesn't add up without cuts to social security and medicare. >> i think you're right. there needs to be this balanced approach and everything should be on the table. i do agree with you there. >> not tax increases that hurt the economy. that's my only point. you thought we had an agreement there, didn't you? >> i did. we were close. stephen moore, thank you so much for joining us this morning. >> my pleasure. take care. >>> of the many unanswered...
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remember, all medicare supplement insurance plans help cover what medicare doesn't pay. and could save you thousands a year in out-of-pocket costs. call now to request your free decision guide. and learn more about the kinds of plans that will be here for you now -- and down the road. i have a lifetime of experience. so i know how important that is. >>neil: the president's tax tactics are upsetting the republicans but a democratic caucus member sees it as time for the president to step up, connecticut senator joe lieberman, and on his way out he is creating a big fuss. senator, good to have you. >>guest: good to back to create a little fuss. >>neil: senator, what is it you are having a problem with here? the president has to step up or play a more active role or delegate that to the treasury secretary? >>guest: certainly a lot of this is going to be done at the staff level. but, ultimately, this is going to require an agreement between president obama, speaker boehner, senator mcconnell, senator harry reid and leader pelosi and in some sense it is going to be the two mai
remember, all medicare supplement insurance plans help cover what medicare doesn't pay. and could save you thousands a year in out-of-pocket costs. call now to request your free decision guide. and learn more about the kinds of plans that will be here for you now -- and down the road. i have a lifetime of experience. so i know how important that is. >>neil: the president's tax tactics are upsetting the republicans but a democratic caucus member sees it as time for the president to step...
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and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ stuart: it seems like there is less interest in going to the stores. online sales topped $20 billion. that is up 15% compared to last year. twenty-nine days until we fall off the fiscal cliff. timothy geithner says the ball is in the republican report to compromise. >> i cannot promise that. that is a decision that lies in the hands of the republicans. if they recognize the reality that we cannot afford to extend those tax rates, we have a basis of an agreement. stuart: how was that for an introduction. before we launch into your talking points, and i know you well, i want to mention this. the founder of cosco, as you know, he appeared at the democrat convention. big supporter of president obama. loves the tax the rich idea. he borrowed $3.5 billion
and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ stuart: it seems like there is less interest in going to the stores. online sales topped $20 billion. that is up 15% compared to last year. twenty-nine...
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on the table in last year's failed grand bargain, and $600 billion in spending cuts, much of it from medicare, not nearly good enough, say republicans who insist the president show more of his hand. >> the white house keeps spiking the ball on tax increases for the wealthy, but it's not yet been forthcoming on real entitlement reform. and without the two, there really is no deal. >> reporter: for now, the sides are far apart. >> what the chances we're going to go off the cliff? >> there's clearly a chance. >> reporter: with time running out, many on both sides say the time for posturing is over. >> at a certain point in time, we have to quit playing to the cheap seats in politics and frankly, that's really what we're waiting on now is a game of chick ton put the painful stuff out there. >> that was nbc's mike viqueira reporting. >>> fans of the kansas city chiefs on the nfl are still in shock today following a tragic murder/suicide this weekend. there was a moment of silence at yesterday's game for victims of domestic violence and chiefs' linebacker jovan belcher. authorities say he shot his
on the table in last year's failed grand bargain, and $600 billion in spending cuts, much of it from medicare, not nearly good enough, say republicans who insist the president show more of his hand. >> the white house keeps spiking the ball on tax increases for the wealthy, but it's not yet been forthcoming on real entitlement reform. and without the two, there really is no deal. >> reporter: for now, the sides are far apart. >> what the chances we're going to go off the...
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. $400 billion in cuts to entitlement programs such as medicare and $50 billion in stimulus spending. >> the president and white house have three weeks and this is the best we got? >> reporter: the senate minority leader mitch mcconnell laughed at geithner. geithner said if republicans don't like the president's plan it's up to them to present their own ideas. >> what we can't do is figure out what works for them. they have to come tell us what works for them. >> reporter: secretary geithner made it clear there will be no deal that does not include a tax hike on the wealthiest americans. >> there's not going to be an agreement without rates going up. >> reporter: no formal negotiating sessions are on the schedule here and many believe it will take about a week for the real work towards a solution to get under way. now, so much of the talk right now is about taxes, but another aspect of this fiscal cliff is massive, massive defense cuts. that's going to be a topic here in washington today, terrell, when several ceos of the defense industry talk about the impact on their industry. >> su
. $400 billion in cuts to entitlement programs such as medicare and $50 billion in stimulus spending. >> the president and white house have three weeks and this is the best we got? >> reporter: the senate minority leader mitch mcconnell laughed at geithner. geithner said if republicans don't like the president's plan it's up to them to present their own ideas. >> what we can't do is figure out what works for them. they have to come tell us what works for them. >>...
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like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. call today to request a free decision guide to help you better understand medicare and which aarp medicare supplement plan works best for you. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of plans to choose from, too. and they all travel with you. anywhere in the country. join the millions who have already enrolled in the only medicare supplement plans endorsed by aarp, an organization serving the needs of people 50 and over for generations... and provided by unitedhealthcare insurance company, which has over 30 years of experience behind it. call today. remember, all medicare supplement plans help cover some of what medicare doesn't pay -- expenses that could really add up. these kinds of plans could save you in out-of-pocket medical costs. you'll be able to choose any doctor w
like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. call today to request a free decision guide to help you better understand medicare and which aarp medicare supplement plan works best for you. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of...
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we understand much of that comes from medicare, things that we've heard from republicans over and over like raising the eligibility age, means testing, things like that. so then we have about $600 billion in essentially spending cuts, half from mandatory spending, half from discretionary spending. this is the other very interesting thing that's new. $200 billion from revising the consumer price index. that sounds very technical. but it has very real world consequences because it very much could affect the money, the checks that social security recipients in particular get every single month because it effectively changes inflation so it changes the formula from what they would get. >> significant differences between the white house proposal on this part of the equation as well as on the tax equation. the politics behind this latest republican counterproposal, are they just going through the motions of having their opening bargaining positions knowing that both sides are going to have to make concessions. >> reporter: the answer to that is yes. everybody knows that everybody is going to
we understand much of that comes from medicare, things that we've heard from republicans over and over like raising the eligibility age, means testing, things like that. so then we have about $600 billion in essentially spending cuts, half from mandatory spending, half from discretionary spending. this is the other very interesting thing that's new. $200 billion from revising the consumer price index. that sounds very technical. but it has very real world consequences because it very much could...
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like all standardized medicare supplement plans, they help cover some of the expenses medicare doesn't pay. and save you up to thousands in out-of-pocket costs. to find out more, request your free decision guide. call or go online today. after all, when you're going the distance, it's nice to have the experience and commitment to go along with you. keep dreaming. keep doing. go long. ♪ you can stay in and like something... ♪ [ car alarm deactivates ] ♪ ...or you can get out there with your family and actual like something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. >> hillary clinton and merrl strep best friends. they posed for the dinner for the kennedy center. strep is a fan of the secretary of state. isn't that cute. they do photos. >> gretchen: those kennedy center honors are wonderful. especially the people who introduce them and hopor them . hilary clinton. >> brian: he should cast meryl strep as hillary clinton. >> gretchen: we'll have to exchange reviews. >> brian: dulike it >> gre
like all standardized medicare supplement plans, they help cover some of the expenses medicare doesn't pay. and save you up to thousands in out-of-pocket costs. to find out more, request your free decision guide. call or go online today. after all, when you're going the distance, it's nice to have the experience and commitment to go along with you. keep dreaming. keep doing. go long. ♪ you can stay in and like something... ♪ [ car alarm deactivates ] ♪ ...or you can get out there with...
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covered by 90% of insurance plans, including medicare. find your co-pay at myflexpen.com. >>> apparently a smartphone just isn't big enough for two people to view and maybe single folks need to travel light when they're on the prowl. whatever the reasons, a new survey suggests married couples are more likely to own a tablet while smartphones are more popular among singles. alejandra, how are you? did you have a good thanksgiving? >> yes. how about yourself? >> i had a great thanksgiving. what's the logic behind this? >> the truth is that it's not that single people like more smartphones and people who are married like more tablets. each plays a bigger role in all of this. >> okay. >> usually married people are often older, which means they have more disposable income, they have a stable career, they have money to splurge which means you're able to actually have technology toys in comparison to a single person who doesn't have the same amount of money than when you are in a couple. you are able to divide that pleasure. another thing, when
covered by 90% of insurance plans, including medicare. find your co-pay at myflexpen.com. >>> apparently a smartphone just isn't big enough for two people to view and maybe single folks need to travel light when they're on the prowl. whatever the reasons, a new survey suggests married couples are more likely to own a tablet while smartphones are more popular among singles. alejandra, how are you? did you have a good thanksgiving? >> yes. how about yourself? >> i had a great...
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was taken out of medicare to begin obama care. so right there, you know, from a management standpoint, why would you reduce money from something that's going broke? the other thing that we need to understand is that tax rates are going up on january 1 within obama care. so we're talking about almost a trillion dollars of increases in taxes and fees. >> let's not talk about the democrats for a moment. let's not even talk about what the president's put on the table. let's talk about the republicans. give me specific cuts that republicans would be behind. because we're really short on specifics from the gop. lay out for me, here's what we're willing to cut in terms of entitlements. put it on the table. >> look, there's been a plan in terms of indexing the increases. we are going to have to find a way to reduce the gap between how much medicare costs per person and how much we pay. because it's not going to last. it's going to go broke. >> so let me bring in nan for a second, then. forgive me for cutting you off. tick off for me. as y
was taken out of medicare to begin obama care. so right there, you know, from a management standpoint, why would you reduce money from something that's going broke? the other thing that we need to understand is that tax rates are going up on january 1 within obama care. so we're talking about almost a trillion dollars of increases in taxes and fees. >> let's not talk about the democrats for a moment. let's not even talk about what the president's put on the table. let's talk about the...
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like all standardized medicare supplement plans, they help cover some of the expenses medicare doesn't pay. and save you up to thousands in out-of-pocket costs. to find out more, request your free decision guide. call or go online today. after all, when you're going the distance, it's nice to have the experience and commitment to go along with you. keep dreaming. keep doing. go long. to go along with you. i have obligations. cute tobligations, but obligations.g. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> looking ahead to tomorrow, arianna huffington will be here and sal giunta. both democrats and republicans are doing what you would expect, practically nothing, and blaming the ot
like all standardized medicare supplement plans, they help cover some of the expenses medicare doesn't pay. and save you up to thousands in out-of-pocket costs. to find out more, request your free decision guide. call or go online today. after all, when you're going the distance, it's nice to have the experience and commitment to go along with you. keep dreaming. keep doing. go long. to go along with you. i have obligations. cute tobligations, but obligations.g. i need to rethink the core of my...
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we have some mandatory reforms, medicare. there are some changes there and in medicaid and firm subsidies and a lot of different areas of -- farm subsidies and a lot of different areas. finally, although this does not go into the budget savings numbers, there are changes to social security. is solvent for the next 75 years and slightly more progressive. host -- making sure that social security a solvent for the next 75 years and slightly more progressive. host: establishing free income tax brackets -- three income tax brackets. what should we know about that? guest: the top rate is about 35%. it goes down 10%. what simpson-bowles does is, by broadening the base, you can take some of the revenue and lower the rates. the lower rate depends on how much you want to restrict those deductions and credits and how much revenue you want to raise for deficit reduction. you can get anywhere between 29 and 24% in terms of a top rate. there would be two other rates that would be significantly lower that we have in current law. the three r
we have some mandatory reforms, medicare. there are some changes there and in medicaid and firm subsidies and a lot of different areas of -- farm subsidies and a lot of different areas. finally, although this does not go into the budget savings numbers, there are changes to social security. is solvent for the next 75 years and slightly more progressive. host -- making sure that social security a solvent for the next 75 years and slightly more progressive. host: establishing free income tax...
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this offer doesn't remotely deal with entitlement reform in a way to save medicare, medicaid and social security from imminent bankruptcy. the president's plan when it comes to entitlement form is quite frankly a joke. >> so over the weekend the sunday shows, you saw geithner basically drawing a line in the sand. he said there's not going to be a deal on entitlement reform, tax reform unless republicans budge on letting those income tax rates for the wealthiest earners increase. in response to that, house speaker john boehner said he was flabbergasted by the white house's offer. he said it was not serious and republicans are calling on the white house to put more details on the table. >> you know, americans want compromise. any time we take a poll, that's what we find, they want compromise. what's the deal? republicans are backed to a corner? they will be forced to raise taxes or else we go over that fiscal cliff? >> they are a bit backed into a corner. when you look at the lay of the land, the white house and democrats are confidence they have leverage that's because they have some her
this offer doesn't remotely deal with entitlement reform in a way to save medicare, medicaid and social security from imminent bankruptcy. the president's plan when it comes to entitlement form is quite frankly a joke. >> so over the weekend the sunday shows, you saw geithner basically drawing a line in the sand. he said there's not going to be a deal on entitlement reform, tax reform unless republicans budge on letting those income tax rates for the wealthiest earners increase. in...
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visit medicare.gov or call 1-800-medicare. with odor free aspercreme. powerful medicine relieves pain fast, with no odor. so all you notice is relief. aspercreme. >>> welcome back. let's take you to sear extra now. >> you see and hear the scene there as more bodies are pulled from bombed homes and buildings as government war planes have been watching fresh strikes on rebel strongholds. the population, civilians, as usual, among the targeted killed as well. opposition groups say at least 59 people have been killed today alone in syria. meanwhile, secretary of state hillary clinton has issued a stern warning about the possible use of chemical weapons by the syrian regime. >> we have made our views very clear. this is a red line for the united states. i'm not going to telegraph in any specifics what we would do in the event of credible evidence that the assad regime has resorted to using chemical weapons against their own people, but sufficed to say, we are certainly planning to take action if that eventuality were to occur. >> jill dougherty joins us now
visit medicare.gov or call 1-800-medicare. with odor free aspercreme. powerful medicine relieves pain fast, with no odor. so all you notice is relief. aspercreme. >>> welcome back. let's take you to sear extra now. >> you see and hear the scene there as more bodies are pulled from bombed homes and buildings as government war planes have been watching fresh strikes on rebel strongholds. the population, civilians, as usual, among the targeted killed as well. opposition groups say...
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this offer doesn't remotely deal with entitlement reform and a way to save medicare and medicaid and social security from imminent bankruptcy. >> reporter: but the president clearly thinks that he's got the upper hand here. he ran on a proposal to raise taxes on the wealthiest americans, and he knows that polls show that most americans agree with that idea. >> bill, how do they get this done by december 15th? >> reporter: right. here's the thing. the president will continue to publicly campaign for a tax cut on people making less than $200,000 a year. but look, there are negotiations under way while all this is going on at the staff level. most of what we're hearing in public from both sides is just tough talk. the democrats i've talked to on he hill, and i've talked to a ofber of them, think there will be a solution. many republicans not as sure. >> bill plante, thank you. >>> police say they don't yet know why kansas city chiefs linebacker jovan belcher killed hi his girlfriend and then killed himself. we're at kansas city's arrowhead stadium where belcher's teammates played a game
this offer doesn't remotely deal with entitlement reform and a way to save medicare and medicaid and social security from imminent bankruptcy. >> reporter: but the president clearly thinks that he's got the upper hand here. he ran on a proposal to raise taxes on the wealthiest americans, and he knows that polls show that most americans agree with that idea. >> bill, how do they get this done by december 15th? >> reporter: right. here's the thing. the president will continue to...
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wants $1.6 trillion in new taxes on the rich, $400 billion in cuts to entitlement programs, such as medicare, and $50 billion in stimulus spending. >> the president and the white house have had three weeks and this is the best we've got?! >> reporter: mitch mcconnell laughed at them last week. now geithner says if they don't like the president's plan, the republicans should present their own ideas. >> we can't try to figure out what works for them. they have to tell us. >> reporter: but secretary geithner made it clear, there will be no deal that does not include a tax hike on the wealthy. >> there's not going to be an agreement without rates going up. >> reporter: no formal negotiations are on the schedule here. and many believe it will take a week for the real work toward a solution to get under way. susan mcginnis, cbs news, washington. >>> how minority leader nancy pelosi says she will try to force a vote today on a senate- passed bill that democrats support but it is doubtful she will get republican support to get it to the house. >>> time now 5:10. a major carmaker recall, a potential
wants $1.6 trillion in new taxes on the rich, $400 billion in cuts to entitlement programs, such as medicare, and $50 billion in stimulus spending. >> the president and the white house have had three weeks and this is the best we've got?! >> reporter: mitch mcconnell laughed at them last week. now geithner says if they don't like the president's plan, the republicans should present their own ideas. >> we can't try to figure out what works for them. they have to tell us....
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there will be automatic cuts to defense, to medicare doctors, to unemployment benefits. and that could mean another recession, but -- >> right now, i would say we're nowhere. period. we're nowhere. >> reporter: the white house is standing firm on taxes. >> rates have to go up. >> whose taxes are you going to raise? >> rates are going to have go up on wealthy americans. >> reporter: in addition to $1.6 trillion in tax hikes, the white house's latest offer includes $400 billion in unspecified medicare cuts and no limit on how much the government can borrow. the republican response? >> i was just flabbergasted. i looked at him and said, you can't be serious. >> reporter: two prominent republicans told me that house republicans may ultimately give in to the president on extends just those middle class tax cuts. if they do that, george, without a deal on spending, the president would get nothing else and face another big battle early in the year over the debt limit and what the government can borrow. >> to josh with the top stories. >>> good morning all of you. secretary of s
there will be automatic cuts to defense, to medicare doctors, to unemployment benefits. and that could mean another recession, but -- >> right now, i would say we're nowhere. period. we're nowhere. >> reporter: the white house is standing firm on taxes. >> rates have to go up. >> whose taxes are you going to raise? >> rates are going to have go up on wealthy americans. >> reporter: in addition to $1.6 trillion in tax hikes, the white house's latest offer...
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in return, he is offering 600 worth of cuts to medicare and other programs. we will be right back. alright, in 15 minutes we're going to do the young turks. i think the number one thing that viewers like about the young turks is that we're honest. they know that i'm not bs'ing them with some hidden agenda, actually supporting one party or the other. when the democrats are wrong, they know that i'm going to be the first one to call them out. they can question whether i'm right, but i think that the audience gets that this guy, to the best of his ability, is trying to look out for us. [ music ] >> broadcasting across the nation, on your radio, and on current tv this is "the bill press show". >> all right. 29 days to go before we go over the cliff. put your parachute on. i think we are going over. hello, everybody. what do you say? good monday morning, great to see you. this is the full court press. we are coming to you alivelive on your local progressive. you can watch and join us. what we love is hearing from you. hearing you sound off on the issues of the day, various ways to do so
in return, he is offering 600 worth of cuts to medicare and other programs. we will be right back. alright, in 15 minutes we're going to do the young turks. i think the number one thing that viewers like about the young turks is that we're honest. they know that i'm not bs'ing them with some hidden agenda, actually supporting one party or the other. when the democrats are wrong, they know that i'm going to be the first one to call them out. they can question whether i'm right, but i think that...